Associate, Repo Trading

Associate, Repo Trading

Company:
Black Rock Financial Management, Inc.

Location:

50 Hudson Yards, New York, NY 10001

Job Duties:

Daily trading and strategy input for the North America Repo book, managing repo across multiple funds, including Hedge Funds, Separate account and selective U.S. mutual funds. Trading global credit, sovereign and emerging market fixed income securities across multiple currencies, and handle daily risk exposures with strong attention to detail. Drive our counter party relationships and expand existing relationships. Play an active role within the investment process, delivering a high level of service to portfolio managers across the business by providing market color, daily locates and assistance for repo to the investment side of the business.

Analyze book performance and market trends daily, providing commentary to management and PM teams. Utilization of skills to improve trading performance, looking for efficiencies to build best in class quantitative and technological solutions.

Qualifications:

Master's degree in Finance, Economics, Business Administration or a related field and one (1) year of experience in the job offered or as an Associate, Analyst or a related role. In the alternative, the employer will accept a Bachelor's degree in Finance, Economics, Business Administration or a related field and three (3) years of experience in the job offered or as an Associate, Analyst or a related role.

Must have one (1) year of experience with:
Python; SQL; VBA; R;
Business Objects including finance coverage across the platform, risk assessment and management, and business financing and management;
Fixed Income Markets;
Monetary Policy;
Database Management to automate position analysis, recommending trading strategies, initiating trading and monitoring activities;
Developing mathematical financial models, performing scenario analysis and stress testing; and Microsoft Excel for ad-hoc analysis.

Salary Range for New York, NY Only: USD$ - USD$. Additionally, employees are eligible for an annual discretionary bonus, and benefits including healthcare, leave benefits, and retirement benefits.

Our Benefits:
To help you stay energized, engaged and inspired, we offer a wide range of benefits including a strong retirement plan, tuition reimbursement, comprehensive healthcare, support for working parents and Flexible Time Off (FTO) so you can relax, recharge and be there for the people you care about.

Our Hybrid Work Model:
Black Rock's hybrid work model is designed to enable a culture of collaboration and apprenticeship that enriches the experience of our employees, while supporting flexibility for all. Employees are currently required to work at least 4 days in the office per week, with the flexibility to work from home 1 day a week. Some business groups may require more time in the office due to their roles and responsibilities.

We remain focused on increasing the impactful moments that arise when we work together in person – aligned with our commitment to performance and innovation. As a new joiner, you can count on this hybrid model to accelerate your learning and onboarding experience here at Black Rock.

Guidance on AI Use for Candidates:
At Black Rock, AI has long been part of how we work – enhancing decision-making, improving operations, and helping us deliver better outcomes for clients. We encourage candidates to use AI thoughtfully to learn, prepare, and work more effectively; but during our interview process, we want to focus on getting to know you through your own experiences, thinking, and judgment.

To support you, we've provided guidance on when and how to use AI during our hiring process so you can approach each step with confidence and showcase your best self.

About Black Rock:
At Black Rock, we are all connected by one mission: to help more and more people experience financial well-being. Our clients, and the people they serve, are saving for retirement, paying for their children's educations, buying homes and starting businesses. Their investments also help to strengthen the global economy: support businesses small and large; finance infrastructure projects that connect…